Category: Law Practice

Prahinski v. Prahinski

Maryland adopts minority view and holds that the goodwill of a solo law practice is not includable in the marital estate upon divorce. The goodwill is personal to the attorney and is not severable from his or her reputation.

In Re Marriage of Zells

An attorney’s contingent fee contracts are not marital property subject to division, due to their speculative and intangible nature. The fees earned by an attorney should be considered for purposes of support. Also, an attorney’s professional goodwill is not a divisible marital asset.